Strategy (NASDAQ: MSTR) purchased 10,645 bitcoin during the week ending December 14, 2025 for approximately $980.3 million, bringing Strategy’s total treasury holdings to 671,268 bitcoin.
Strategy’s aggregate purchase price for its bitcoin holdings is $50.33 billion at an average cost of $74,972 per coin, according to the company.
The company netted $989.0 million in various at-the-market (ATM) equity offerings to fund the fund the sale, $888.2 million of which came from the company’s common stock, MSTR.
With its most recent fundraising efforts, Strategy has leaned more heavily on MSTR versus its preferred shares. Last week, Strategy bought nearly $1 billion of bitcoin almost exclusively through sales of its MSTR equity.
On the preferred front, Strategy raised $82.2 million from issuing 1,029,202 shares of its 10.00% Series A Perpetual Stride Preferred Stock (NASDAQ: STRD). Additionally, the bitcoin treasury company also raised $18.0 million from the sale of 163,306 shares of 10.00% Series A Perpetual Strife Preferred Stock (NASDAQ: STRF), and $0.6 million from selling 7,036 shares of 8.00% Series A Perpetual Strike Preferred Stock (NASDAQ: STRK).
Strategy still has $12.56 billion selling capacity for MSTR ATM, $4.01 billion for STRD, and $1.62 billion for STRF.
Strategy’s stock has declined 41.19% year-to-date, and the bitcoin treasury company’s self-reported multiple on net asset value (mNAV) is 1.14x.
